UNITIL Corporation (UTL)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 61,100 | 58,400 | 52,600 | 47,600 | 42,400 |
| Revenue | US$ in thousands | 953,400 | 1,079,300 | 1,098,100 | 919,400 | 810,800 |
| Pretax margin | 6.41% | 5.41% | 4.79% | 5.18% | 5.23% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $61,100K ÷ $953,400K
= 6.41%
UNITIL Corporation's pretax margin, a key profitability ratio, has shown fluctuations over the past five years. The pretax margin was 5.23% as of December 31, 2020, which slightly decreased to 5.18% by December 31, 2021. However, there was a more significant decline to 4.79% as of December 31, 2022.
It is noteworthy that there was a recovery in the pretax margin for UNITIL Corporation in the following years. By December 31, 2023, the pretax margin had increased to 5.41%, and there was a notable improvement to 6.41% by December 31, 2024.
Overall, the trend in the pretax margin demonstrates some variability in the company's profitability over the period under review. The fluctuations suggest that UNITIL Corporation has experienced both challenges and successes in managing its operating expenses and generating pre-tax earnings.
Peer comparison
Dec 31, 2024